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Italy - based app company Bending Spoons , which owns Evernote and Meetup , is planning to lay off 75 % of the staff of filing cabinet transfer service WeTransfer , TechCrunch has learned . Bending Spoonsacquired the Dutch company in July for an unrevealed amount .
The company confirm the plans for the WeTransfer layoff to TechCrunch . The stave that is being let go will be inform after Bending Spoons live on through local regulations in unlike countries regarding layoff . Dutch media reported thatWeTransfer has over 350 employees .
crouch Spoons CEO Luca Ferrari said that typically , the party studies the formation that it is acquiring and see what is the in effect visual sensation of the commercial enterprise going forward with an aim to operate it incessantly .
“ Once the visual modality is clear , we attempt to shut the gap between the condition quo and the vision as chop-chop and as full as we can . Typically , doing so imply making major change to many areas , including the establishment . While we do n’t enjoy making painful or unpopular decisions , we ’re prepared to do so when we believe it ’s the good affair to do to aid the business thrive , ” he say .
Ferrari also notice that in WeTransfer ’s case , Bending Spoons wanted to have a small and focused squad .
“ In this particular case , the vision we develop is of a small , more crisply focused WeTransfer brass , which we trust will be better position to swear out WeTransfer ’s success with a long - terminal figure opinion , ” the CEO said .
Since its acquisition , WeTransfer has rolled outa raw feature of speech to permit users extend the expiry date of a contact on the app . However , neither bend Spoons nor WeTransfer has n’t disclosed their design about long - term merchandise roadmap .
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The layoff are not surprising , as Bending Spoons on a regular basis cuts the employee tally of companies it acquires to operate them productively . In February 2023 , it cut 129 employee fromEvernote ’s staff . In December 2023 , the company rent go of the full workforce of Filmic , the pop photo and video editing app that it acquired in 2022 . sooner this yr , Meetup alsofaced job cuts after its acquisition .
In February , Bending Spoons raised$155 million in fairness financingfrom Modern investor Durable Capital Partners and existing ones , including Baillie Gifford , Cox Enterprises , NB Renaissance , NUO Capital , and StarTIP ( controlled by Tamburi Investment Partners ) .
If you want to lecture about WeTransfer layoff , you may meet this newsperson atim@ivanmehta.comand on Signal at ivan.42
